North Miami Beach, FL Financial Advisors and Resources

Financial Advisor Firms in North Miami Beach, FL



(305) 935-5502

3323 Ne 163rd St.
Suite 508
North Miami Beach, FL 33160

SEC#: 801-116725
Years in Business: 2 years



(305) 512-1124

3323 Ne 163 Street
North Miami Beach, FL 33160

SEC#: 801-110765
Years in Business: 4 years

How Retirement-Friendly is North Miami Beach, FL?

  • Population: 42,971
  • % of Population 62 Years and Over: 17.2%
  • Average Home Value: $203,100
  • Average Monthly Housing Cost: $1,168
  • Average Household Income: $65,119
  • Florida Total Tax Burden: 6.97% (6th Lowest in U.S.)
  • Florida Property Tax: 2.74% (22nd Lowest in U.S.)
  • Florida Individual Income Tax: 0.00% (Lowest in U.S.)
  • Florida Sales and Excise Tax: 4.23% (10th Highest in U.S.)

North Miami Beach, FL Financial Advisor FAQs

Yes, you do. The advice of a financial advisor can be very helpful when it comes to managing your finances, which is why they're actually quite important. While no one knows how to allocate your investments for you better than yourself, the experience and knowledge of an expert in this field can be very beneficial.
Financial advisors get compensated through the fees they charge, performance-based bonuses/commissions, and speaking engagements. An advisor's main source of income is from commission-based compensation. The higher the purchase or sale transaction fee is then more that will be earned from that particular transaction.
It depends on the advisor's level of expertise, services offered, how much work is needed to be done for you. Many fee-only advisors charge $150 per hour, some offer toll free phone consultations. A good online search will return many reputable fits that fall under your budget.
A financial advisor usually gives individualized advice on saving money and managing debt. They typically do not offer any product sales (although they may recommend specific investments). Generally, a financial advisor is not an unbiased source of information and should not be relied on as one.